The mapping of winners and losers goes beyond the usual analysis of the rich North versus the poor South, by including an examination of the widening inequalities in the North and the emergence of new elites in the South. Policies of privatization and liberalization of water and electricity create new political elites. The author reveals the shift in the North towards multi-national corporations with their emphasis on profits and stock market prices, while at the same time incomes for most employees have either stagnated or actually declined. The standard discourse on globalization and market flexibility often blurs the issues of declining trade union influence and corporations moving to countries offering lower labor costs. Maurice Mullard herein attempts to rectify this imbalance.
The Politics of Globalisation and Polarisation is interdisciplinary and will therefore be relevant for academics and researchers of politics, social policy, public policy and economics. Scholars involved in globalization will find this book to be a major contribution to the ongoing debate.
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